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Orca Exploration Group (CVE:ORC.B) Shares Pass Above Fifty Day Moving Average - Should You Sell?

Orca Exploration Group logo with Energy background

Shares of Orca Exploration Group Inc (CVE:ORC.B - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$2.99 and traded as high as C$3.01. Orca Exploration Group shares last traded at C$3.01, with a volume of 451 shares trading hands.

Orca Exploration Group Stock Performance

The firm has a 50 day moving average of C$3.00 and a 200-day moving average of C$3.02. The company has a market cap of C$56.22 million, a P/E ratio of 15.60 and a beta of 0.26. The company has a quick ratio of 1.80, a current ratio of 2.16 and a debt-to-equity ratio of 40.57.

About Orca Exploration Group

(Get Free Report)

Orca Exploration Group Inc explores for, develops, produces, and sells petroleum and natural gas to the power and industrial sectors in Tanzania. The company principally holds interests in the Songo Songo natural gas field that includes two blocks covering an area of approximately 41,630 acres located to the south of Dar Es Salaam.

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